$1,249,000

17 Chestnut Street, Yonkers, NY 10701

  • 12 beds |
  • 3 baths |
  • 6,078 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon 6 car garage
  • Property Price Per Square Feet Icon $205/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Exceptional Investment Opportunity – Fully Renovated 4-Family Corner Building in Yonkers Don't miss this rare chance to own a high-yield, income-producing property in a quiet corner of Yonkers. This well-maintained 4-family building features a unique and flexible layout: (1) One-Bedroom Apartment – $1,400/month (1) Three-Bedroom Apartment – $2,700/month (2) Four-Bedroom Apartments – $2,400 and $3,000/month Each unit includes 1 full bathroom Additional Income Streams: Storefront (currently used as storage): $800/month Two Large 3-Car Garages (used as warehouse): $500/month each Financial Highlights: Total Gross Annual Income: $135,600 with upside potential Low Property Taxes: Only $15,633 for 2024 Utilities: Tenants pay for their own heat and gas, minimizing owner expenses Property Highlights: Fully renovated in 2018 Well-maintained throughout Strong rental income and high demand in the area Opportunities like this are hard to come by in today’s market—ideal for investors seeking reliable cash flow with minimal overhead.

Listing Status:
Active
Listing Office:
Realmart Realty LLC : 888-362-6543
MLS ID:
866153
  • General: First Floor BedroomFirst Floor Full BathEat-in Kitchen
  • A/C: Wall/Window Unit(s)
  • Heating: Radiant

This listing courtesy of Realmart Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Enrico Fermi School for the Performing Arts

27 Poplar St, Yonkers, NY, 10701

Grades PK-8

0.28 miles away

E

Enrico Fermi School for the Performing Arts

27 Poplar St, Yonkers, NY, 10701

Grades PK-8

0.28 miles away

P

Palisade Preparatory School

201 Palisade Ave, Yonkers, NY, 10703

Grades 7-12

0.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.